Loss making company...lagi mahu promote?...year end 31/12/2020...Hahaha RM42 Mil loss cosolidate share pula lagi??? Org tiga suku je yg promote hahaha sabar ye..
hahaha promoter suda kantoi la trap. guna google translate. promoter akaun here always got high post engagement to make them look like all around trader.
promoter talk to each other like discussion to make fake hope among retailer. dont get trap.
Good123 job done already. From Netx to MLAB to PASUGB whatever he promote all down till like this. He is employed by Fintech group to do all these nonsense.
Becareful, itching toward 0.06 now. They will keep diluting then consolidation, same process appears afterwards.
Do not buy XOX above 0.07, let all private placement and XOX employees ESOS die. They keep issuing private placements (more 2.5 billions share unit since FY2020) below market price and then sell to retailer at market price to get 10% immediate encash.
Previously you own 100k units, you are above 100k over total circulated XOX shareholding of 1Billion. Now if your 100k units became 100k over the 3.9Billion XOX shareholdings. Retailers have been diluted to death silently.
This HOPELESS management uses the money to goreng their own shareholdings in other listed penny stocks. For the past 4 months, XOX finished all their cash, channel out the XOX cash to themselves. They do it by buying rotten, big loss making and dying stocks that owned by them at low price, use XOX cash to goreng until godlike prices. Then they sold it to XOX.
XOX has ended up at villain in the following stocks 1. Spent RM2.6M to buy M3Tech @ 0.036 average price, now price is 0.05 2. Spent a whoping RM22M to buy MACPIE @ 0.47, now price is 0.18 3. Spent RM39M to buy NEXION technology @ 0.33, now price is 0.33 4. Spent RM30M to buy DGB @ 0.12, now price is 0.08 5. Spent RM44.6M to buy CHeetah@ 1.32, when market price is only 0.40 Total cash spent on buying rubbish stocks RM138.2M BURNT, and channel into their cronies and their own stockholding in other entities.
Take note and keep reminding each other on their tactics Remember these 3 persons. 1. Eddie Chai Woon Chet 2. Roy Ho Yew Kee 3. Ng Kok Heng Google and can see their face, you can handle them in real life.
Becareful, dont buy into trap. They just issue ESOS 0.07 to employees about 210M units of shares, these employees are now waiting to dump at 0.08 to 0.10 to retailers.
Xox employees prepare to dump their free shares @0.07 to us retail investors at 0.08 to 0.10. 19/03/2021 11:43 AM
Working hard with politicians and government officers to scam public money and government land. 25/03/2021 12:26 AM 26/03/2021 9:30 AM X numberone numberone....check your i3 messenger 25/03/2021 8:31 AM X OracleOfOmaha https://www.google.com/amp/s/www.nst.com.my/amp/property/2021/02/668553/kanger-enters-genting-highlands-rm1429-million-investment-serviced-suites 25/03/2021 11:21 AM X OracleOfOmaha I found the linkage. Same gang of syndicate. Kanger share price drops like mad after dealing with Eddie Chai daddy private company Asetkayamas. 25/03/2021 11:23 AM X OracleOfOmaha Next step I guess buy petroleum assets from Steven Kuah ka since they announced it already.
SC to show how Ricky Wong siphoned over RM50m from Bright Packaging Industry via rights issue, private placement, ESOS -A+A KUALA LUMPUR (April 5): The Securities Commission Malaysia (SC) intends to demonstrate how Ricky Wong Shee Kai siphoned approximately RM56 million from Bright Packaging Industry Bhd (BPI) via a series of corporate exercises between 2013 and 2015, comprising a rights issue, a private placement and two rounds of an employee share option scheme (ESOS).
In his opening statement for the trial, which commenced this morning, senior lawyer Datuk Lim Chee Wee, representing the SC, told the court that defendants Wong, his mother Teh Sew Wan and Wong SK Holdings Sdn Bhd contravened the Capital Markets and Services Act 2007 (CMSA) in using devices, schemes or artifices to defraud BPI and/or engaging in acts, practices or courses of business which operated as a fraud upon BPI.
Both Wong and Teh are directors of Wong SK Holdings. Wong and Wong SK Holdings were represented by lawyer Datuk Harpal Singh Grewal.
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READ MORE "The evidence shows that the proceeds were paid out by BPI to suppliers of BPI, who were in actual fact nominee companies controlled by the defendants.
"These monies were eventually transferred to the defendants. The monies were paid out by BPI after each BPI corporate exercise within a very short period, ranging from one day to two weeks after the completion," said Lim.
Ricky Wong Shee Kai The lawyer alleged that these companies were controlled by Wong and used as a front to propel the defendants' fraudulent conduct, which resulted in an unlawful pecuniary gain of at least RM56.07 million.
The nominee companies allegedly received monies from BPI following each corporate exercise by way of cheques authorised by Teh, based on fictitious transactions, which were eventually transferred to Wong or Wong SK Holdings.
The SC in its investigation also found that the monies from each exercise were transferred from BPI via layers of these nominee companies, which ultimately ended up in either Wong's HSBC account or Alliance Bank account or Wong SK Holdings' AmBank account.
Besides using these nominee companies, Wong allegedly provided the funding for former BPI director Datuk Seri Syed Ali Al-Habshee's subscription to the rights shares and the subsequent disposal of the shares and the transfer of proceeds to Wong.
Syed Ali, formerly the Umno Cheras division chief, claimed to have had no knowledge of his subscription and disposal of the rights shares, as well as the transfer of proceeds to Wong.
Moreover, Wong also allegedly provided funding for five BPI employees to subscribe to the two rounds of ESOS, although the five claimed that they had no knowledge of their respective subscription to the shares.
Syed Ali and the five employees, namely Chew Chen Nie, Lee Woan Jiun, Chan Kok Leong, Kok Meow Imm and Teoh Hock Heng, will be appearing as witnesses in the trial, along with 14 others.
The first witness to appear in the court was TA Securities deputy vice-president of corporate finance Sim Hui-Leen, who went over each of the corporate exercises during examination-in-chief by Lim.
Cross-examination by the defendants' lawyers, meanwhile, is slated for Sept 21 as the trial has been adjourned after the discharging of Teh's lawyers Datuk Nicholas Kow and Emile Ezra Hussain — as she felt that the lawyers cannot act in her best interest.
Judicial Commissioner Anand Ponnudurai warned her that there will be no more postponement once the trial resumes in September.
"There will be no further adjournment. Please appoint new lawyers by this week. If the lawyers come into the court saying that they are not free on the dates fixed, please find other lawyers," he urged the defendant.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
DickyMe
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Posted by DickyMe > 2021-03-30 23:10 | Report Abuse
Harapkan kontrak dari kerajaan sahaja, macam mana nak maju?